The real estate sector is a vivid and clear example of investment, especially in Egypt, which is going through a period of real estate growth at the level of construction and the level of buying and selling. City, New Heliopolis, 6th of October and other new or existing cities are planned or appearing and getting rid in the coming years. The new cities create many opportunities for those who prefer to use their money in real estate investment, which increases prices well by time and in the worst case if the price does not increase will not lose.
Advantages of real estate investment
- Fixed income source
The property can enter a fixed and periodic monthly income by offering your apartment for rent to individuals or companies. Which is one of the easy models in investing in real estate that resort to most individuals.
- Buy what fits your budget and not your need
Among the advantages of real estate investment is your possibilities to buy units that fit your possibilities and your budget, you can buy a small apartment with a reasonable monthly premium, to invest in it and get a return whether rented or sold later.
You can invest in other types of real estate such as shops and commercial offices, and there are many opportunities in new projects to invest in commercial real estate.
The most important thing when investing in real estate is to avoid some mistakes and risks that can be made and avoided.
Real estate investment risks and how to avoid them
There is a possibility of buying a property whose legal papers are not correct and therefore you will lose your financial investment in the entire property but you can avoid all legal risks by knowing the required papers and information before the purchase decision. You should consult a legal adviser you trust where you can buy a property and its papers are incorrect, which exposes you to the loss of your entire investment